Google recently revealed a new feature that enables you to play YouTube videos, Picasa albums, and multimedia content from your computer to any device with Universal Plug-and-Play. The online advertiser has wanted to become a big player in video advertising for a long time. With this new technology, they can bring YouTube, the largest online [...]

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YouTube in May garnered more than 75% of U.S. traffic to Web video sites, posting a 26% jump over the same period in 2007 and far outpacing the number of visitors to the second-place site, MySpaceTV, which came in at 9%, according to Hitwise. Rounding out the top five were Google Video (3.73%), Yahoo! Video [...]

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After a $1.65 billion buyout by Google, YouTube is not only a veritable junkyard for all the crap we didn’t watch a couple years ago, but a bloated mess that costs too much to operate, has a huge lawyer target on it, and barely incurs revenue. And to make matters worse, Eric Schmidt, the CEO [...]

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Despite its ubiquity and budget-busting billion-dollar-plus price, YouTube has yet to pay off for Google. So Google, the world’s largest advertising company with a market cap of $160 billion, has announced that monetizing YouTube is its number one priority for 2008. More.

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